Note 4 - Plant, Property, and Equipment, Net

3 Months Ended

Jun. 30, 2017

Notes

Note 4 - Plant, Property, and Equipment, Net

NOTE 4 – PLANT, PROPERTY, AND EQUIPMENT, NET

The components of property and equipment were as follows:

	June 30,		March 31,
	2017		2017
Machinery and equipment	$	3,336,425	$	2,254,813
Office equipment		713,754		717,259
Building		12,629,964		12,401,320
Leasehold improvements		3,936,159		2,803,052
Subtotal		20,616,302		18,176,444
Less: Accumulated Depreciation & Amortization		(4,047,935)		(3,689,309)
Total plant, property and equipment, net	$	16,568,367	$	14,487,135

The depreciation and amortization expense for the three months ended June 30, 2017 and 2016 was $287,248 and $176,525, respectively.